Deep Tide TechFlow news, on November 23, according to Reuters, Trump promised to establish a new committee as part of a crypto-friendly government. Insiders say his transition team is discussing how to build and staff the committee, and which companies should be included. According to several executives in the digital asset industry, many crypto companies like Ripple, Kraken, and Circle are vying for seats on the cryptocurrency advisory committee promised by President-elect Trump, seeking a voice in the planned U.S. policy reforms. However, some consumer groups warn that the cryptocurrency industry should not be 'both the referee and the athlete,' and some sources say ethical considerations may slow down personnel appointments. But others argue that involving industry experts in key policy issues makes sense.
Trump has gained support and campaign donations from the industry by promising to become the 'crypto president' and ending Biden's crackdown on crypto companies accused of violating securities and anti-money laundering laws by regulators. Trump is also pushing for an executive order to ensure that crypto companies can access banking services, end enforcement actions against them, and make other changes.
